Court Upholds Ruling against Predatory Mortgage Loans to Black Home Buyers

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00025798-court-upholds-ruling-against-predatory-mo/

By Mark Scolforo, The Associated Press

Predatory mortgage loans that target black home buyers can amount to housing discrimination under the Pennsylvania Human Relations Act, a state appeals court ruled Friday.

A three-judge Commonwealth Court panel said the state Human Relations Commission had the authority to issue $185,000 in embarrassment and humiliation damages but said $700,000 in actual damages must be recalculated. It also upheld a $25,000 civil penalty.

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